MASTER OF THE HIGH COURT Branch : Master of the High Court of South - PowerPoint PPT Presentation

MASTER OF THE HIGH COURT Branch : Master of the High Court of South Africa

DEATHS REGISTERED DEATHS( STATS SA) ESTATES % 2011 512310 170144 33% 2012 480476 166049 35% 2013 162251 2014 147 292 2015 146779 2016 (JAN - JUN) 74693

ESTATES REGISTERED WITH THE MASTER Decline / Increase ESTATES 2011 170144 2012 166049 -2.41% 2013 162251 -2.28% 2014 147292 -9.21% 2015 146779 -0.35% ESTIMATE 2016 149386 1.77%

DECEASED ESTATES - ICMS / PEAS ALL REGISTERED PEAS ONLY % 2011 170144 0 0.00% 2012 166049 2382 1.43% 2013 162251 41154 25.36% 2014 147 292 85464 58.02% 2015 146 779 104284 71.05% 2016 (JAN - JUN) 74 693 58648 78.52%

TYPE OF ESTATES REGISTERED 18(3) ESTATES LE ESTATES TOTAL % LE'S 2013 119095 43156 162251 27.00% 2014 102996 44296 147292 30.07% 2015 109733 37046 146779 25.24% 2016 (JAN - JUN) 55059 19634 74693 26.29%

ESTATES REGISTERED WITH WILLS ALL REGISTERED WILLS % 2012 166049 38333 23.09% 2013 162251 36182 22.30% 2014 147292 33866 22.99% 2015 146779 34308 23.37% 2016 (JAN - JUN) 74693 17273 23.13%

APPROXIMATE INVENTORY VALUES TOTAL INVENTORY VALUE 2012 14 651 380 295 2013 38 017 075 223 2014 40 367 083 867 2015 41 351 463 460 2016 (JAN - JUN) 19 548 890 278

TRUSTS – ICMS / PEAST ALL REGISTERED PEAST ONLY % 2012 18549 0 0.00% 2013 16374 2289 13.98% 2014 17523 15175 86.60% 2015 17442 17433 99.95% 2016 (JAN-JUN) 7969 7969 100.00%

UTILISATION OF THE WEB PORTAL MONTH VIEWS APRIL 2015 10045 MAY 2015 11828 JUNE 2015 14053 JULY 2015 15823 AUGUST 2015 14171 SEPTEMBER 2015 16163 OCTOBER 2015 17842 NOVEMBER 2015 18371 DECEMBER 2015 12719 JANUARY 2016 16933 FEBRUARY 2016 21061 MARCH 2016 19893 APRIL 2016 20461 MAY 2016 23841 JUNE 2016 23562 TOTAL 188902 9

Regulation 910  Only certain institutions are allowed to administer deceased estates  Need to incorporate a wider spectrum of practitioners  Legislative Amendments  What should be the criteria  Tertiary Qualification  Professional body  Continuous training  Indemnity for beneficiaries  Who will accredit Institutions? 10

 FISA prepare  Determine who had the required training  What standards will be set  Continuous professional training  Members prepare  Updated training  Systems (computer programs)  Infra structure  Market clients  Updated client information 11

From Linked In 12

http://www.justice.gov.za/master/forms.html Thank you! Q? & A!